India containerized Shredded Scrap import prices down

INDIA November 09 2015 9:37 AM

MUMBAI (Scrap Register): India containerized shredded scrap import prices stayed flat during the week ended October 23, while Indian plastic scrap prices on Scrap Register Price Index showed mixed trend.

According to TSI, containerized shredded index for Indian imports was unchanged week-on-week at $189 a ton CFR Nhava Sheva port.

One Scandinavian recycler commented they had fielded a few more enquiries from Bombay the week but trade activity was scant.

Bids were heard at $185 a ton whilst offers closer to $190 a ton for container cargoes of between 2-5kt.

The major plastic scrap commodities showed almost a mixed trend on Scrap Register Price Index during the week. The plastic scrap like acrylic, C.P.W, HD blowing, hd moulding (colour), hips (baff) lldp blowing, PVC pest grade and PVC resin desi showed a mixed trend during the week.